A .25bps pivot literally changes nothing from a consumer side-- mortgages are still too high, credit card debt is still super elevated, carry costs are still crazy.  

It is hard to cash flow since the prices are elevated and interest rates are high but if you a buy a property that you are willing to hold long term, you will make money.DM me if you would like to discuss this further.

The program allows for long-term mortgages (up to 40 years) that can be financed with Government National Mortgage Association (GNMA) Mortgage Backed Securities.Type of Assistance:FHA mortgage insurance for HUD-approved lenders.Eligible Activities:Insured mortgages may be used to finance the construction or rehabilitation of detached, semidetached, row, walkup, or elevator-type rental or cooperative housing containing 5 or more units.

(TV subscription needed, but should be available soon widely)   I found a Free Sneak Peak here: 2) US banks could get slammed with another $160 billion in losses as commercial real estate faces its biggest crash since 20083) Among employees who use AI at work, 72% say it makes them more productive.Interest RatesRates continue their slow move downward after the elevator drop last week.

Trying to run down an elevation certificate from the city or previous owner so I can get a quote.

I have an opportunity that has came up and I'm needing help determining if I have a good deal or not.little background, my neighbor needs to sell his house and move to a place with higher elevation (medical reasons).

With material prices still elevated I delayed the rest of the project for a year and a half while focusing almost solely on scaling my construction company.

A tip to keep insurance cost down will be to look at homes that are on stilts/elevated.

On 2400sqft lots2. 5800 sqft houses3, 4 stories , garage parking, roof deck, elevator, and skyline viewsAttached are the 3d Renderings of what I plan to buildLast week a home 4500 sqft just sold for 2.1 million dollars in one day.

Purchase 99,000 Downpayment 20% 20% Finance Amount $ 79,200 $ - Downpayment amount $19,800 $0 interest rate 4.50% 5.75% Mortgage(years) 30 30 Mortgage Payment $ 401 $ 401 $ 4,815.54   Vacancy Rate 8% 8% Time Period 0 Income Monthly PGI $ 1,000 $ 12,000 Vacancy Rate of 0.08 $ 80 $ 960 EGI $ 920 $ 11,040 Miscellaneous $ - Income $ 920 $ 11,040 $ - Expenses Property Taxes $ 56 $ 671 Water and sewer $ - $ - Property manager $ - Maintenance and repairs $ - Insurance $ 20 $ 240 Elevator service contract $ - HOA fees $ 155 $ 1,860 Electrical $ - Fuel $ - $ - Capital expenditures $ 44 $ 528 Total Expenses $ 275 $ 3,299 NOI $ 645 $ 7,741 Debt Service $ 401 $ 4,815.54 Net Income $ 244 $ 2,925 YOY increase in net income PV   $ 2,925 Present Value of all CF $ 81,919   Acquisition Cost $ 23,760   NPV $ 58,159   Return Cap rate 2.96% Multifamily (5 Units+ Value)   $ 58,509 Cash on cash return   12.31%